s Retained earnings, December 31, 2021 Cost of buildings purchased during 2022 Net loss for the...

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s Retained earnings, December 31, 2021 Cost of buildings purchased during 2022 Net loss for the year ended December 31, 2022 Dividends declared and paid in 2022 Increase in cash balance from January 1, 2022 to December 31, 2022 $ 313,100 49,000 4,550 18,000 14,100 17,800 Increase in long-term debt in 2022 Required: From the above data, calculate the retained earnings balance as of December 31, 2022. Note: Enter decreases with a minus sign to indicate a negative financial statement effect. Statement of Stockholders' Equity (Partial) For Year Ended December 31, 2022 s Retained earnings, December 31, 2021 Cost of buildings purchased during 2022 Net loss for the year ended December 31, 2022 Dividends declared and paid in 2022 Increase in cash balance from January 1, 2022 to December 31, 2022 $ 313,100 49,000 4,550 18,000 14,100 17,800 Increase in long-term debt in 2022 Required: From the above data, calculate the retained earnings balance as of December 31, 2022. Note: Enter decreases with a minus sign to indicate a negative financial statement effect. Statement of Stockholders' Equity (Partial) For Year Ended December 31, 2022

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To calculate the retained earnings balance as of December 31 2022 we start with the retained earni... View the full answer